365 Columbia Ave Rincon, GA 31326
- Individual retail properties
- 7,566 SF
- 1.48 lot acres
Current Use by Public Records
- Individual retail properties
Property Details for 365 Columbia Ave
- Year built
- 1992
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.48 lot acres
- Property size
- 7,566 SF
- Zone code
- GC
- Property type
- Individual retail properties
- APN
- R2120001A00
- APU
- R2120001A00
Description
This exceptional 3.83-acre commercial property, located at 365 S Columbia Ave in Rincon, Georgia (zip code 31326), presents a remarkable development opportunity. Situated in Effingham County, this Class A site is ideally positioned within Rincon's thriving retail corridor, offering unparalleled visibility and accessibility. The property is designated as Retail, Land, and Restaurant, allowing for diverse development options. The land is available via a ground lease and is suitable for subdivision, providing flexibility for various project scales and configurations. This multiple-tenancy site boasts a prime location, making it an attractive investment for developers seeking to capitalize on Rincon's robust commercial growth. Detailed information regarding lease terms and subdivision possibilities is available upon request. The property's coordinates are 32.28042244609962 latitude and -81.23205253915765 longitude. This is a rare chance to acquire a significant parcel in a high-demand area. Don't miss this opportunity to secure a foothold in Rincon's dynamic commercial landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,050,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,035,000
- 6.5%
- $2,115,000
- 7%
- $2,125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,180,000
- Geo Method
- $2,000,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,270,000
- Retail
- $1,830,000
- Mixed-Use
- $2,235,000
- Hospitality
- $2,430,000
- Educational
- $1,990,000
- Residential Income
- $1,825,000
- Energy
- $2,485,000
- Income-Based Land
- $1,890,000
- Food Service
- $1,880,000
Location Insight
- Map
- Local Demand
- City
- Rincon
- County
- Effingham
- State
- Georgia
- Longitude
- -81.2315
- Latitude
- 32.2808
- CBSA code
- 42340
- CBSA name
- SAVANNAH, GA METROPOLITAN STATISTICAL AREA